Munich, 21st June 2016: Tectareal is taking over the property management for an 8,700-square-meter office building in Munich

Tectareal Property Management GmbH, Essen, has been awarded the property management contract for the office building Aidenbachstraße 54-56 in Munich by Cornerstone Real Estate Advisers GmbH (Cornerstone Deutschland). Cornerstone Deutschland recently acquired the property.

“We are already working in Munich for Cornerstone, and our experienced team will now also be responsible for property management on Aidenbachstraße”, explains Gertrud Wesemeyer, Tectareal Property Management GmbH. “We’re really excited about this additional contract. It’s a testament to good collaboration”.

The 5-story building is located in Munich’s Obersendling district. It was built in 2002 and contains approximately 8,700 square meters of office space. Users include an American producer of CAD Software and a film marketing company. The leasing quota is actually around 90 percent at the moment.